113 Dove Creek CirNew BostonTX75570
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Total monthly income runs $2,228/mo, and a $2,447/mo payment. Purchase price stands at $499,900, and rental yield measures 5.35% with $2,228/mo rent. Return on cash invested shows 10.3% in year one, and 5% annual appreciation builds toward $138,113 over five years. Five-year ROI reaches 52.51% and total cumulative return in cash records $87,024. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,228/mo property income covering a $2,447/mo payment rather than investor’s personal income.
Single Family
Built in 2021
3.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75570, New Boston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,895 (100%) |
| Owner Occupied HU | 2,377 (61.0%) |
| Renter Occupied HU | 1,165 (29.9%) |
| Vacant Housing Units | 353 ( 9.1%) |
| Median Home Value | $199,907 |
| Average Home Value | $219,324 |
Housing Distribution
Address Breakdown
Residential
3,675
Single Family
3,585
Multi-Family
90
Businesses
366
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Listed by: Rip England • Rip England Premier Realty LLC
Mls Name: TMLS
Mls ID: #118046
Disclaimer: Copyright Texarkana Board of Realtors. Information is deemed reliable but not guaranteed.